BurdaPrincipal Investments
28/08/2016

Burda invests in UK-based marketplace Notonthehighstreet.com

BurdaPrincipal Investments
28/08/2016

Burda invests in UK-based marketplace Notonthehighstreet.com

Hubert Burda Media today announced its investment in UK’s leading curated marketplace for creative small businesses Notonthehighstreet.com. Burda led the £21m funding round (Series E) with additional support from existing investors including Index Ventures, Industry Ventures and Eight Roads Ventures.

The marketplace Notonthehighstreet.com offers an alternative to stores you find on main shopping streets: a curated product selection with unique designs, high-quality craftsmanship and inspiring stories behind the people that make them. The company just posted its year-on-year sales growth of 19% - the tenth consecutive year of double-digit growth.

Notonthehighstreet.com will use the funds to:

- Further invest in the innovation, marketing and operations that allow the company’s 5,000 Partner (seller) community to connect with more customers and scale their businesses  

- Further build Notonthehighstreet.com’s core gifting offer, expanding categories and developing the customer experience both on and offline

- Open up Partners’ access to new markets, and build the business’ international vision


“Notonthehighstreet.com has built up a very successful E-Commerce business beyond the classic retail model that fits very well with our portfolio. We see significant growth potential for this unique business, both in and outside the UK, making it an obvious partner for us as we continue to grow our portfolio of consumer and technology brands internationally.”

Martin Weiss, managing director at BurdaPrincipal Investments


“Finding an investor that shared our vision and could provide strategic support, as well as new funds to support our multiyear growth plan, was key. Burda has a longstanding reputation as an investor in cutting-edge consumer and technology businesses and an international reach that will help us accelerate the potential we see both at home and overseas.” 

Simon Belsham, CEO Notonthehighstreet.com


For more information also visit: BurdaPrincipal Investments, Notonthehighstreet.com

PDF

More images & downloads

Martin Weiss, managing director BurdaPrincipal Investments

Logo BurdaPrincipal Investments

Simon Belsham, CEO Notonthehighstreet.com

Logo Notonthehighstreet.com

Related articles

BurdaPrincipal Investments
Vinted Donates €1 Million To Fight the Coronavirus
BurdaPrincipal Investments
Vinted Donates €1 Million To Fight the Coronavirus

Vinted, Europe’s largest online C2C marketplace dedicated to second-hand fashion, announced today that it is donating over €1 million to support the fight against COVID-19.

BurdaPrincipal Investments
Skillshare CEO: “Creative Classes Help Manage Stress”
BurdaPrincipal Investments
Skillshare CEO: “Creative Classes Help Manage Stress”

While the Corona pandemic is forcing people to stay at home, there are many ways to feel connected, manage stress and get creative indoors. The e-learning plattform Skillshare connects people through creativity.

BurdaPrincipal Investments
Skillshare-CEO: "We want to be the global leader for creative education"
BurdaPrincipal Investments
Skillshare-CEO: "We want to be the global leader for creative education"

The American e-learning platform Skillshare is part of the BurdaPrincipal Investments portfolio. In an interview, CEO Matt Cooper explains what makes the company and its cooperation with Burda so special.